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Archived about 1 month ago

$85,000

3 bd ba

1325 W 15th St, Anderson, IN 46016

Residential SFR

Current Rent **

$1,050

Projected Rent **

$1,050

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

🏡Anderson Property! Solid 3/1.5 Ranch to Flip or Hold with Equity!

ANOTHER GREAT PROPERTY COMING YOUR WAY!!!! I know I am blowing up your inbox with lots of great deals!!

Check out this great ranch in Anderson! The house sits on two lots to give you 1/3 of an acre. You could flip it or hold it with equity!

This one is vacant and ready to be seen!! Reply for access information!

Roof - 10 years
Furnace - 1 year
AC - 15 years
Water Heater - 1 year
Windows - 10 years/vinyl

There are two comps pending right now for about $140k and $155k. They were 8 and 4 days on market. They had a 4th bedroom but ours is a newer build with a much bigger lot than both. If you go out to .3 miles, you'll find 1603 Hendricks St that sold for $159k, $10k over asking in 5 days. It was a 3 bedroom with similar lot but it did have a garage.

Location:

1325 W 15th St, Anderson, IN 46016

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.